Statistics show 'signs of stabilization'

January-to-February economic data released over the weekend do not seem to indicate a V-shaped recovery coming anytime soon but show slow stabilization, analysts said.

Industrial output rose by 5.4 percent year-on-year in the first two months, the slowest since late 2008, while retail sales rose by 10.2 percent from a year earlier, the National Bureau of Statistics said on Saturday.

Both indicators slowed compared with the same period the previous year, providing no relief for policymakers, who are under pressure to meet the country's annual growth target of 6.5 to 7 percent.